Carbon market extension, border tax are preferred options for border measure on EU imports -official

Published 16:05 on December 3, 2020  /  Last updated at 12:45 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The European Commission is considering two main options for the design of its carbon border adjustment mechanism (CBAM) - either the implementation of a tax at the border, or to force exporting countries to buy carbon allowances, a senior EU official said Thursday.

The European Commission is considering two main options for the design of its carbon border adjustment mechanism (CBAM) – either the implementation of a tax at the border, or to force exporting countries to buy carbon allowances, a senior EU official said Thursday.

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